BIZTIPS - January 23, 2005

Biz Tips: President needs to hear concerns of small business
Sunday, January 23, 2005
By Art Hill

A year ago, Jack Stack, chief executive officer of SRC Holding Corp. in Springfield, Mo, wrote a letter to President Bush. No ordinary letter, it was printed in Inc. magazine, the leading publication for small company owners. Bush read the letter, and a month later he flew to Stack’s plant to address the nation on the importance of small business.

Stack wrote another letter this year. It appears in the February edition of Inc.

While Bush may not visit SRC Holdings again, it is important for all of us who are small business owners, managers and employees to lend our voices to Stack’s.

In this year’s letter, Stack expresses grave concern about out-of-control healthcare costs, the lawsuit nightmare, the transfer of jobs to foreign countries, the impact of rising energy costs, raw materials shortages, global warming, and oppressive accounting regulations.

In short, the top reasons small businesses are drowning in what Stack calls “invisible costs.”

What distinguishes Stack’s letter is that he proposes practical solutions in each area: Put small business representatives on healthcare institution boards; pass tort reform legislation; offer incentives to keep jobs in the United States; make it more economical to recycle; and reverse regulations that were aimed at Enron but wound up doubling accounting costs for small businesses.

Stack and Inc. magazine have done small business a great service, but now it’s our turn. The publishers of Inc. have asked that we add our concerns to Stack’s so they can be forwarded to the president. Take a minute today or tomorrow to log on at www.inc.com/president.

If you do, there’s a small chance that Air Force One will touch down here a few weeks from now and you’ll get a response in person.

But there’s a much greater chance that what you write will make a difference in national policy. Isn’t that the kind of support you want for small business? Isn’t that worth a couple of minutes of your time?

You bet it is.


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